Zara tagging asked 6 years ago
Mobile recharge
We are providing mobile recharging service, is it taxable in GST?
Answer the question2 Answers
Neeraj Kumar Rohila answered 6 years ago
Yes, it is taxable under GST. But you should calculate the GST on the Amount of recharge which is inclusive of the GST tax amount.
For Example,
You recharge of the RS.50, Then the amount shall be calculated as follows:
= Recharge Amount * Tax rate/[100+Tax Rate]
= 50 * 18/118 = Rs.7.627
CGST = RS. 3.813 and SGST = RS. 3.813
Neeraj Kumar Rohila answered 6 years ago
Yes, it is taxable under GST. But you should calculate the GST on the Amount of recharge which is inclusive of the GST tax amount.
For Example,
You recharge of the RS.50, Then the amount shall be calculated as follows:
= Recharge Amount * Tax rate/[100+Tax Rate]
= 50 * 18/118 = Rs.7.627
CGST = RS. 3.813 and SGST = RS. 3.813
